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On April 22, 2024, the consortium of ZEHO ECO and Beijing Jinhe Water Group successfully won the bid for the construction project of the Xiyuhe Flood Retention Area in Haidian District (Section 3), with a winning bid amount of 137 million RMB. This successful bid marks a significant breakthrough in ZEHO ECO's water conservancy business in the Beijing area, showcasing the company's core competitiveness in providing an integrated solution combining "Water Safety, Ecosystem Construction, and Smart Water Management."

The project is located in the northern part of Yongfeng New Material Functional Zone, Xibeiwang Town, Haidian District, Beijing. It is a key component of the sponge city framework in the northern green heart of Haidian and also one of the planned flood retention areas around Nansha River as part of Haidian District's "Clean Water, Green Banks" initiative for water system ecological management. This project holds significant importance in the regional water system management strategy.

In terms of water safety, the project will effectively store and regulate stormwater runoff from the newly developed Yongfeng area by constructing a flood retention zone, helping to alleviate urban flooding pressure. In terms of ecosystem construction, the project employs nature-based engineering measures to create a variety of habitat types, enhancing the ecological service functions of the site and making it an important ecological stepping stone on the East Asian-Australasian Flyway for migratory birds. On the smart water management level, the project utilizes advanced technologies such as mechanistic simulation, artificial intelligence, and high-performance computing to build a rainfall warning and monitoring system and a pollution source tracing system. This aids in achieving intelligent, systematic, precise, and efficient decision-making and management for the Haidian Water Bureau. Once completed, the project will advance Haidian's sponge city development, enhance water resource conservation capacity, promote water resource recycling, and make a positive contribution to improving the surrounding ecological environment.

In 2023, the company proactively adjusted its market positioning. In the field of river and lake management, it focused on the cities of Beijing and Wuhan, where it successfully signed strategic cooperation agreements with local state-owned enterprises and leading industry companies. In the marine ecological restoration sector, the company targeted the key cities of Ningbo and Shenzhen, establishing deep partnerships with central state-owned enterprises, aiming to achieve new breakthroughs in market expansion.

The successful bid for this project is not only a strong endorsement of the company's technical capabilities and market competitiveness, but also a compelling validation of its market focus strategy and collaborative expansion model. Looking ahead, the company will continue to deepen its presence in its four key markets: Beijing, Wuhan, Ningbo, and Shenzhen, fully leveraging the advantages of the national ultra-long-term special bond policy to intensify its exploration of emerging opportunities. Additionally, the company will further strengthen its partnerships with central state-owned enterprises and other large clients, reinforcing and enhancing its market competitiveness, laying a solid foundation for future business performance growth.